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	<title>financial news &#187; British Airways Plc</title>
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	<description>Bringing you all the news on the current credit crises</description>
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		<title>Iceland strikes back.</title>
		<link>http://www.financial-news.org.uk/iceland-strikes-back/</link>
		<comments>http://www.financial-news.org.uk/iceland-strikes-back/#comments</comments>
		<pubDate>Fri, 16 Apr 2010 15:45:10 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1758</guid>
		<description><![CDATA[
Airports in the U.K. and northern Europe shut down as a cloud of volcanic ash swept south from an eruption in Iceland, disrupting travel for thousands of people booked on flights with British Airways Plc and other carriers. According to flight-control organization National Air Traffic Services, U.K. airspace will continue to be closed till the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1758</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Banks strike back at Darling</title>
		<link>http://www.financial-news.org.uk/banks-strike-back-at-darling/</link>
		<comments>http://www.financial-news.org.uk/banks-strike-back-at-darling/#comments</comments>
		<pubDate>Mon, 14 Dec 2009 15:19:43 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Debt]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1620</guid>
		<description><![CDATA[
Key figures in the UK banking world announced their dismay and subsequent anger after Alistair Darling confirmed plans for his 50 per cent &#34;supertax&#34; on banks&#8217; bonus pools. The reaction from one leading UK going as far as went as far as describing the measure as an &#34;assault on the prudent and the profitable&#34;. Bob [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1620</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<item>
		<title>Darling to get tough on bank bonuses.</title>
		<link>http://www.financial-news.org.uk/darling-to-get-tough-on-bank-bonuses/</link>
		<comments>http://www.financial-news.org.uk/darling-to-get-tough-on-bank-bonuses/#comments</comments>
		<pubDate>Wed, 02 Dec 2009 11:53:00 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Thomas Cook]]></category>
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		<category><![CDATA[UAE]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1607</guid>
		<description><![CDATA[
The Treasury is looking at introducing tougher requirements on bankers&#8217; pay disclosure than those proposed last week by Sir David Walker.
Alistair Darling, the chancellor, announced a formal consultation exercise on Monday on whether legislation should go further than the Walker review, which proposed that banks should disclose the numbers of employees earning above &#163;1 million. [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1607</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>UK companies plan to rely less on banks for credit</title>
		<link>http://www.financial-news.org.uk/uk-companies-plan-to-rely-less-on-banks-for-credit/</link>
		<comments>http://www.financial-news.org.uk/uk-companies-plan-to-rely-less-on-banks-for-credit/#comments</comments>
		<pubDate>Wed, 25 Nov 2009 10:43:02 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1598</guid>
		<description><![CDATA[
According to a survey for the Confederation of British Industry (CBI), UK companies will be relying much less on banks for credit in the future, instead pinning their hopes funding from bonds and equities. 
The survey showed that half of the companies will be looking to decrease financing from bank debt after the recession winds [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1598</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Sweeping spending cuts and tax increases will be required across the industrialized world</title>
		<link>http://www.financial-news.org.uk/sweeping-spending-cuts-and-tax-increases-will-be-required-across-the-industrialized-world/</link>
		<comments>http://www.financial-news.org.uk/sweeping-spending-cuts-and-tax-increases-will-be-required-across-the-industrialized-world/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 16:23:49 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1577</guid>
		<description><![CDATA[
Sweeping spending cuts and tax increases will be required across the industrialized world over the next decade to bring public finances under control following the economic crisis, the International Monetary Fund warned on Tuesday. The IMF projected that on current trends, even assuming some discretionary fiscal tightening next year, government debt in the advanced G20 [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1577</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>BOE throw another &#163;25 billion into the pot.</title>
		<link>http://www.financial-news.org.uk/boe-throw-another-25-billion-into-the-pot/</link>
		<comments>http://www.financial-news.org.uk/boe-throw-another-25-billion-into-the-pot/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 16:10:30 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1574</guid>
		<description><![CDATA[
The Bank of England has announced that they are to inject a further &#163;25 billion into the UK economy. The move is seen as an almost desperate bid to drag the economy reluctantly out its longest recession on record, after the announcement last week that the UK economy had shrank 0.4% in the third quarter. [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1574</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>High street retailers still finding it difficult to make ends meet</title>
		<link>http://www.financial-news.org.uk/high-street-retailers-still-finding-it-difficult-to-make-ends-meet/</link>
		<comments>http://www.financial-news.org.uk/high-street-retailers-still-finding-it-difficult-to-make-ends-meet/#comments</comments>
		<pubDate>Fri, 17 Jul 2009 07:26:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Daily News]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1276</guid>
		<description><![CDATA[The last two years have been tough for UK retailers, especially those whose economic survival is based around them being on the High Street. An excess of selling space as well as having to cope with spiraling costs  have  had a serious negative impact  on the retail industry and forecasts are that [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1276</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hester told not to expect any more free lunches in 2010</title>
		<link>http://www.financial-news.org.uk/hester-told-not-to-expect-any-more-free-lunches-in-2010/</link>
		<comments>http://www.financial-news.org.uk/hester-told-not-to-expect-any-more-free-lunches-in-2010/#comments</comments>
		<pubDate>Wed, 15 Jul 2009 07:12:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Daily News]]></category>
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		<category><![CDATA[Stephen Hester]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1266</guid>
		<description><![CDATA[Stephen Hester, chief executive of Royal Bank of Scotland will be expected to jump up through a few flaming hoops  next year following the public outcry over his pay award  that could reach as high as £9.6 million for this year.
Hester will be given considerably tougher performance targets to meet next year to [...]]]></description>
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		<title>A big day for big deals in the UK</title>
		<link>http://www.financial-news.org.uk/a-big-day-for-big-deals-in-the-uk/</link>
		<comments>http://www.financial-news.org.uk/a-big-day-for-big-deals-in-the-uk/#comments</comments>
		<pubDate>Sat, 13 Jun 2009 06:50:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Daily News]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1177</guid>
		<description><![CDATA[US based fund manager BlackRock finally reached agreement late on Thursday to purchase the Global Investors wing of Barclays, pay $13.5 billion for the company. The deal, paid for in cash and shares, will make BlackRock the largest money manager in the world, handling in excess of £2,000 billion in assets.
Barclays as well as receiving [...]]]></description>
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